War against Ukraine in the ticker: DAX limits losses – US stock markets slip into the red – Investor leaves Deutsche Bank and Commerzbank – EVOTEC wants to increase sales – Tesla, Infineon in sight | news

The main German index posted discounts on Tuesday.

That’s how he opened DAX much weaker and was clearly in the red thereafter. In the afternoon, however, the minus became smaller. In the end, it fell by 0.48% to 14,124.95 points. Also TecDAX lost a lot after losing at the start. His final score: 3,191.26 points (-0.79%).

“Investors continue to avoid risk,” the dpa quoted a stockbroker as saying. Market participants were eagerly awaiting the US consumer price data released in the afternoon. These increased more than expected, namely by 1.2% compared to the previous month and thus stood at 8.5 (previous month: 7.9). Commerzbank experts consider it quite possible that the underlying inflation rate (excluding energy and food prices) has peaked. However, it should remain above 5% until the end of the year and therefore “far from price stability”.

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European stock markets appeared in the red on Tuesday.

That’s how it started EuroSTOXX 50 lower, but could turn positive at times. Ultimately, however, he went back into the red. He said goodbye 0.21% lighter at 3,831.47 points.

Investors focused on US inflation data. These rose more strongly for March than expected. Consumer prices rose 1.2% from the previous month and were 8.5 (previous month: 7.9)% higher than the same month last year.
The US Fed had recently signaled that it wanted to raise interest rates aggressively to keep rising inflation under control. “Above all, stock markets are threatened by the US Federal Reserve’s withdrawal of liquidity,” said Christian Henke, an analyst at brokerage IG.

The ECB is also under increasing pressure to react to rising inflation in the eurozone. Investors were therefore eagerly awaiting the European Central Bank’s interest rate decision on Thursday and information on how to proceed.

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Wall Street is down on Tuesday.

Of Dow Jones was initially up 0.3% at 34,412.51 but gave up gains in late trading and is currently slipping into red territory. The Technology Value Index NASDAQ compound started with an extra 1.29% at 13,584.69 points, but here too red signs can be seen over time.

US investors will focus on Tuesday’s premarket inflation data. Although these were higher than expected, it seems to have had a calming effect on investors. “Inflation rose again in March and reached its highest level in more than 40 years. Given the rise in oil, gas and food prices, this is not entirely unexpected “, commented the analysts of the Landesbank Hessen-Thüringen to the dpa. However, it should be kept in mind that the underlying prices also continue to rise. “While one can assume that inflation has now peaked, as base effects will become noticeable from April, the US Federal Reserve will see confirmation in its plan for further interest rate hikes, especially since the labor market situation is robust.”

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The main exchanges took different directions on Tuesday.

The first Japanese index Nikkei closed down 1.81% at 26,334.98 points.

In China, on the other hand, the stock exchanges turned positive during trading. In mainland China, the Shanghai Composite finally 1.46% to 3,213.33 points. Of hang seng increased by 0.52% to reach 21,319.13 jobs.

Rising inflation, especially for commodities, and concerns about rising market interest rates and policy rates continued to put pressure on prices. There is also no slacking on the war in Ukraine. On the contrary, there are reports that the Russian side used chemical weapons in Mariupol.

On the other hand, the measures announced by the stock market supervisory authority, which aim to broaden access to capital markets, have created a good mood in China. Additionally, Chinese regulators approved a number of video game licenses for the first time since July, suggesting regulatory controls over the internet sector could be eased.

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